@supervilas wrote:
I sold my second home at a loss and I did spend money to upgrade to sell the property. Do I get any deductions on money I spent
No, there are no deductions on a tax return for the improvements or expenses you paid for the personal residence. Improvements are added to the basis of the home.
Gain or Loss on a Home Sale = Selling Price (-) Selling Expenses (-) Adjusted Basis (Purchase price plus cost of improvements prior the sale)
